(1) Valmet Oyj's press release on May 4, 2021 at 11:00 a.m. EET HELSINKI, May 4, 2021 /PRNewswire/ -- Valmet and ARAUCO have signed an agreement to jointly develop the Arauco Mill Line 3 in Chile to become the world's most autonomous pulp mill. Valmet will supply its Industrial Internet Solutions (VII Solutions) comprised of Mill Wide Optimization applications, advanced prediction and monitoring applications as well as expert services. The target is to improve the overall efficiency and profitability of the entire mill by coordinating and optimizing across process islands. The expert support is given both onsite and remotely through Valmet Performance Centers in South America and the Nordics.